Place/Date: - August 22nd, 2022 at 1:36 pm UTC · 3 min read
Source: Persystic Token
As prices of digital currencies have both sky-rocketed and crashed, many people expect that this will cause a decline in the interest in cryptocurrencies. However, with close observation, you will notice that the reverse has been the case and there is great attention given to cryptocurrencies from both stakeholders and the general public. This is a result of the golden opportunity to make huge profits that cryptocurrencies present to users.
Deciding on which cryptocurrency to buy into is the main task. While there are tens of thousands of currencies to choose from, not all of them are worth buying stakes in. Two digital currencies which stand a high chance of giving you exciting returns after funding are Persystic Token (PSYS) and Avalanche (AVAX).
The Persystic Token (PSYS) serves as the primary unit of account on the Persystic network. It is a native BSC-compatible BEP-20 token that has been expressly built to facilitate transactions on the Persystic platform. Persystic, which functions as its native token, can be bought or traded on the major cryptocurrency exchanges.
Persystic has the potential to become a standardized and decentralized social media platform. This is because the BEP-20 token standard is compatible with the ERC-20 token standard. As a consequence of this, users on other ERC-20 platforms can interact and transfer tokens without any hassle.
The Persystic platform also provides for its users by offering bonuses. When a user registers on the platform and buys the token within 15 minutes of registration, they become eligible for a 50% token bonus.
Avalanche (AVAX) is one of the alternatives for Ethereum (ETH), which has captured the attention of both stakeholders and developers constantly searching for faster blockchain ecosystems with lower fees.
Avalanche (AVAX) is a solid project with a superb management team known as Ava Labs. Interestingly, Avalanche (AVAX) also stands out in terms of Total Value Locked (TVL) on the platform. According to DeFi Llama, of over 20,000 tokens, Avalanche (AVAX) had the fourth highest TVL and is ahead of the likes of Solana (SOL) which has a bigger market cap.
Also, Avalanche (AVAX) has successfully finished several fundraising rounds and has the backing of some big names. Like a few of its competitors, Avalanche (AVAX) is heavily grounded in adoption and development through incentive programmes. Avalanche (AVAX) also runs using the Proof-of-Stake mechanisms and has three blockchains running under the hood.
It is predicted that Avalanche (AVAX) will have an average cost of $341.42 six years from now (in 2028) and over $1,000 in 2031 against its present value of roughly $30.
Most experts also believe that the Avalanche token, AVAX, is a good project with much potential. Avalanche (AVAX) is said to be positioned in a way that makes it take advantage of the growing DeFi market.
Finally, Avalanche (AVAX) uses a Decentralized Autonomous Organization (DAO) to decentralize power and make decisions about the network. This DAO is made up of Avalanche’s (AVAX) token owners who can vote on proposals that will impact the network.
These tokens stand the chance of making you millions in years to come.
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